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121 E Highway 281, Progreso Lks, TX

Real Estate

For Sale

Listed price in listed location currency (USD).
$600,000

000

MLS® 492438

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Land
Size -
Garage No
Taxes $7,853
Days Active 17
Lot Size 2.48 acres
Approx. Age 
MLS® Number 492438

Property Address: 121 E Highway 281, Progreso Lks, TX, 78596-0058

Average square foot calculated using Size range provided by listing agent.

Description

Prime hard-corner commercial opportunity located at the signalized intersection of Military Highway and Mile 3 Road, just minutes from the Progreso International Port of Entry, one of the highest-traffic border crossings in the Rio Grande Valley. This 2.48-acre assemblage consists of two adjoining parcels and offers both immediate income and significant redevelopment potential. The front parcel (±0.75 acres) features an existing retail building with an active leases, providing in-place cash flow. The rear parcel (±1.73 acres) is vacant and ready for development, making this an ideal value-add or mixed-use redevelopment site. The property benefits from excellent frontage, multiple access points, strong daily traffic counts, and proximity to national retailers, residential density, and cross-border commerce driven by Progreso’s port activity. Suitable for retail, QSR, strip center expansion, pad sites, or phased development, this asset offers both stability and long-term growth.
MLS® Number492438
Laundry Level
Central VacNo
FireplaceNo
Acreage2.48
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 17, 2026List Date
$600,000List Price
-End Date
Not Sold YetSold Price

For Rent

Jan 26, 2026List Date
$1,500List Price
  • Commute

Commute

Starting Address
Destination Address
121 E Highway 281, Progreso Lks, TX

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